[148 Pages Report] The search and rescue equipment market is projected to grow from an estimated USD 113.62 Billion in 2017 to USD 125.66 Billion by 2022, at a CAGR of 2.03% during the forecast period, 2017 to 2022. The base year considered for this study on the search and rescue equipment market is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

The report analyzes the search and rescue equipment market on the basis of application, equipment, platform, and region. It studies the search and rescue equipment market in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The report provides in-depth insights on the search and rescue equipment market. It also provides detailed information about the major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the search and rescue equipment market, along with an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to the search and rescue equipment market.

The report also covers competitive developments, such as contracts, agreements, new product launches, and partnerships by various leading players in the search and rescue equipment market. It also provides information regarding various business and corporate strategies adopted by key players to strengthen their positions in the search and rescue equipment market.

Research Methodology:

Estimation of the market sizes of various segments and subsegments of the search and rescue equipment market has been carried out through secondary research sources, such as Hoovers, Bloomberg Businessweek, Factiva, annual reports, and publications, among others and corroboration by primaries. The market triangulation has been done with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets and presented in this report.

The search and rescue equipment market is projected to grow from an estimated USD 113.62 Billion in 2017 to USD 125.66 Billion by 2022, at a CAGR of 2.03% during the forecast period, 2017 to 2022. The growth of the search and rescue equipment market across the globe can be attributed to the increasing demand to develop safety equipment and rise in the number of search and rescue operations.

The search and rescue equipment market has been segmented on the basis of application, equipment, platform, and region. Based on application, the search and rescue equipment market has been segmented into combat and urban SAR. The urban SAR segment is projected to lead the search and rescue equipment market owing to the increased usage of search and rescue equipment for urban SAR operations. In the urban segment the SAR equipment is mostly used to locate, extricate and to provide initial medical aid to victims trapped in structural collapses during natural calamities.

Based on equipment, the search and rescue equipment market has been segmented into rescue equipment, search equipment, communication equipment, technical equipment, medical equipment, logistics equipment, and planning equipment, among others. The search equipment segment is expected to grow at the highest CAGR in the search and rescue equipment market during the forecast period, owing to the increasing demand for search equipment which is derived from the requirement of the equipment in SAR operations wherein, search equipment is used to locate survivors during rescue operations.

The search and rescue equipment market has been studied for North America, Europe, Asia-Pacific, and Rest of the World (RoW). The North American region is estimated to be the largest market for search and rescue equipment in 2017. Countries, such as the U.S. and Canada in the North American region are witnessing an increasing demand for combat search and rescue equipment. The search and rescue equipment markets in the European and Asia-Pacific regions are also expected to witness high growth, owing to the rapid modernization and upgradation of search and rescue equipment by governments of various countries in these regions.

Limited government spending on search and rescue services is restraining the growth of the search and rescue equipment market, as also, search and rescue being a service, does not give returns. Furthermore, lack of skilled manpower acts as a challenge for the growth of the search and rescue equipment market.

Major companies profiled in the report include Elbit Systems (Israel), General Dynamics Corporation (U.S.), Honeywell International Inc. (U.S.), Leonardo S.p.A (Italy), Raytheon Company (U.S.), Textron Systems (U.S.), and Thales Group (France) among others. In 2017, Contacts, agreements, and new product launches are the key strategies adopted by the leading players in the search and rescue equipment market. These strategies have enabled companies to strengthen their positions in the market.

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Figure 1 Research Process FlowFigure 2 SAR Equipment Market: Research DesignFigure 3 Breakdown of Primary Interviews: By Company Type, Designation, and RegionFigure 4 Market Size Estimation Methodology: Bottom-Up ApproachFigure 5 Market Size Estimation Methodology: Top-Down ApproachFigure 6 Data TriangulationFigure 7 Assumptions for the Research StudyFigure 8 The Urban SAR Segment is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 9 The Search Equipment Segment is Projected to Grow at the Highest CAGR From 2017 to 2022Figure 10 The Ground-Based Segment is Projected to Be the Largest Platform Segment of the SAR Equipment MarketFigure 11 Asia Pacific is Projected to Be the Fastest-Growing Market for SAR Equipment During the Forecast PeriodFigure 12 Increasing Focus on Human Safety and Rising Terrorism and Insurgencies are Anticipated to Drive the Growth of the SAR Equipment Market During the Forecast PeriodFigure 13 The Urban SAR Segment is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 14 The Logistics Equipment Segment is Projected to Lead the SAR Equipment Market During the Forecast PeriodFigure 15 The Ground-Based Segment is Projected to Be the Largest Platform Segment of the SAR Equipment MarketFigure 16 The Radar Subsegment is Projected to Lead the Search Equipment Segment During the Forecast PeriodFigure 17 China & Russia Estimated to Hold the Largest SAR Equipment Market Share in APAC and Europe , 2017Figure 18 The SAR Equipment Market in the Asia Pacific Region is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 19 SAR Equipment Market Segmentation: By PlatformFigure 20 SAR Equipment Market Segmentation: By ApplicationFigure 21 SAR Equipment Market Segmentation: By EquipmentFigure 22 SAR Equipment Market DynamicsFigure 23 The Urban SAR Segment is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 24 The Search Equipment Segment is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 25 The Marine Platform Segment is Projected to Grow at the Highest CAGR During the Forecast PeriodFigure 26 North America is Estimated to Account for the Largest Share of the SAR Equipment Market in 2017Figure 27 North America SAR Equipment Market SnapshotFigure 28 Europe SAR Equipment Market SnapshotFigure 29 Asia Pacific SAR Equipment Market SnapshotFigure 30 SAR Equipment Market Global Competitive Leadership Mapping (2016)Figure 31 Honeywell International Inc.: Company SnapshotFigure 32 Rockwell Collins, Inc.: Company SnapshotFigure 33 Textron Systems: Company SnapshotFigure 34 General Dynamics Corporation: Company SnapshotFigure 35 Raytheon Company: Company SnapshotFigure 36 Leonardo S.P.A.: Company SnapshotFigure 37 Thales Group: Company SnapshotFigure 38 Elbit Systems Ltd.: Company SnapshotFigure 39 Cubic Corporation: Company SnapshotFigure 40 Garmin Ltd.: Company Snapshot

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